Cheng Wei, founder and CEO of Didi Chuxing, announces the launch of the Didi Auto Alliance in Beijing on April 24, 2018. Photo: Handout
Cheng Wei, founder and CEO of Didi Chuxing, announces the launch of the Didi Auto Alliance in Beijing on April 24, 2018. Photo: Handout

China’s Didi Chuxing discloses US$585m loss in first half amid safety crisis as founder tells staff ‘we’re not evil’

The voluntary disclosure offers a rare glimpse into the financial state of the privately held firm as it tries to shore up public confidence following the deaths of two female passengers

Cheng Wei, founder and CEO of Didi Chuxing, announces the launch of the Didi Auto Alliance in Beijing on April 24, 2018. Photo: Handout
Cheng Wei, founder and CEO of Didi Chuxing, announces the launch of the Didi Auto Alliance in Beijing on April 24, 2018. Photo: Handout
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